Ecobank Fintech is challenging Africa’s new generation of entrepreneurs to find lasting solutions to the continent’s most pressing banking issues. Submit entries in one or more of our key areas of interest for your Chance to win up to $500,000 funding.

Fintech is the future of banking; that is why we are opening our doors and vast market infrastructure to support Africa’s brightest innovators. – Ade Ayeyemi, Ecobank Group CEO

Twenty finalists of the Fintech Challenge will be invited to an award ceremony and an innovation fair at the global headquarters of Ecobank in Lomé, Togo. The top three start- ups at the fair will win cash prizes worth US$10,000, US$7,000, and US$5,000 respectively. The finalists will also be conferred Ecobank Innovation Fellowsand will qualify to explore a once-in-a-lifetime partnership opportunity with Ecobank Group that include:

Attract funding up to $500K for your Fintech solution

Go multi-national and partner with Ecobank to launch the products in Ecobank’s 33 markets across Africa.

Key Areas of Interest

Interested developers and innovators are encouraged to submit applications addressing one or more of the following challenges.

Predictive analysis using big data

Agency banking

Secured client authentication

Apps to work without internet connectivity

KYC technology

Customer analytics

Credit scoring

Micro Loan System

User experience optimising solutions using machine learning and AI

Blockchain technology/solutions within Banking

Ecobank Fintech Challenge was designed in partnership with the advisory firm Konfidants and supported by several partners across Africa and the world.

Applications for the competition will close on 14 April 2017.

Eligibility & Participation

The Challenge is open to both teams and individuals. Teams can submit solutions for more than one challenge but are limited to only one entry per challenge. However, remember that Ecobank will only cover the travel and accommodation costs for up to two participants from each team if you are among the top 20 innovators.

More about Ecobank Fintech competition

More information on the Ecobank Fintech competition, benefits and how to apply can be found on the competition’s website at http://ecobankfintech.com/.

Founder

My Name is Ebrima. I write about personal finance, small business and The Gambia to support young people. I also share articles about personal growth and success. Feel free to drop a message or download my free eBooks - HERE
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